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China Coal Energy Co (HKSE:01898) Cyclically Adjusted Price-to-FCF : 7.47 (As of May. 23, 2024)


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What is China Coal Energy Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), China Coal Energy Co's current share price is HK$8.96. China Coal Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$1.20. China Coal Energy Co's Cyclically Adjusted Price-to-FCF for today is 7.47.

The historical rank and industry rank for China Coal Energy Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:01898' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.6   Med: 9.19   Max: 54.09
Current: 7.22

During the past years, China Coal Energy Co's highest Cyclically Adjusted Price-to-FCF was 54.09. The lowest was 5.60. And the median was 9.19.

HKSE:01898's Cyclically Adjusted Price-to-FCF is ranked better than
72% of 75 companies
in the Other Energy Sources industry
Industry Median: 11.66 vs HKSE:01898: 7.22

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

China Coal Energy Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$0.096. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is HK$1.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Coal Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Coal Energy Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Coal Energy Co Cyclically Adjusted Price-to-FCF Chart

China Coal Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 19.53 9.01 6.54

China Coal Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.16 6.58 5.91 6.54 6.34

Competitive Comparison of China Coal Energy Co's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, China Coal Energy Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Coal Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Coal Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Coal Energy Co's Cyclically Adjusted Price-to-FCF falls into.



China Coal Energy Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

China Coal Energy Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.96/1.2
=7.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Coal Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Coal Energy Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.096/115.2271*115.2271
=0.096

Current CPI (Mar. 2024) = 115.2271.

China Coal Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.059 98.200 -0.069
201409 -0.286 98.900 -0.333
201412 -0.166 99.000 -0.193
201503 -0.659 99.900 -0.760
201506 0.235 99.500 0.272
201509 -0.094 100.500 -0.108
201512 0.214 100.600 0.245
201603 -0.297 102.200 -0.335
201606 0.093 101.400 0.106
201609 0.211 102.400 0.237
201612 0.241 102.600 0.271
201703 0.021 103.200 0.023
201706 0.188 103.100 0.210
201709 0.198 104.100 0.219
201712 0.399 104.500 0.440
201803 -0.175 105.300 -0.191
201806 0.361 104.900 0.397
201809 0.559 106.600 0.604
201812 0.216 106.500 0.234
201903 0.226 107.700 0.242
201906 0.264 107.700 0.282
201909 0.311 109.800 0.326
201912 0.124 111.200 0.128
202003 0.224 112.300 0.230
202006 0.125 110.400 0.130
202009 0.739 111.700 0.762
202012 -0.046 111.500 -0.048
202103 0.393 112.662 0.402
202106 1.056 111.769 1.089
202109 1.074 112.215 1.103
202112 0.916 113.108 0.933
202203 0.742 114.335 0.748
202206 0.625 114.558 0.629
202209 1.419 115.339 1.418
202212 0.174 115.116 0.174
202303 0.776 115.116 0.777
202306 0.223 114.558 0.224
202309 0.814 115.339 0.813
202312 0.299 114.781 0.300
202403 0.096 115.227 0.096

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


China Coal Energy Co  (HKSE:01898) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


China Coal Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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China Coal Energy Co (HKSE:01898) Business Description

Traded in Other Exchanges
Address
No. 1 Huangsidajie, Chaoyang District, Beijing, CHN, 100120
China Coal Energy Co Ltd is a joint-stock company. The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, power generation, and coal mining equipment manufacturing. Its segment includes Coal; Coalchemical products; Mining machinery; Finance and Others. The company generates maximum revenue from the Coal segment.

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